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FTSE 100 sees losses lengthen; US equities set for a softer start

Follow John on: FTSE 100 ralllies, led by BT; US markets open lower Shortly after the opening bell in New York, the Dow was down 0.04% while the S&P 500 dropped 0.28% and the Nasdaq fell 0.76% FTSE 100 slides 3 points BT leads rally after CEO buys huge chunk of shares US indices drop at opening bell 10.10am: Proactive North America headlines: Mirasol Resources Ltd (CVE:MRZ) (OTCPINK:MRZLF) (FRA:M8R) makes new silver discovery at Ely Central area on its Virginia project in Argentina New Pacific Metals Corp (CVE:NUAG) (OTCMKTS:NUPMF) to trade on the NYSE American exchange starting May 20 FSD Pharma Inc (NASDAQ:HUGE) (CSE:HUGE) (FRA:0K9) says concerned shareholder group-backed nominees elected to board at annual meeting

TRADING UPDATES: Pelatro gets contracts; Futura raises GBP10 million

TRADING UPDATES: Pelatro gets contracts; Futura raises GBP10 million Mon, 17th May 2021 15:04 (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Pelatro PLC - London-based marketing software specialist - Secures several contracts for change requests, worth around USD300,000, that will be delivered in 2021. With these, the total value of contracts in hand representing 2021 revenue is around USD6.8 million. Comes around a month after firm reports getting several contracts for change requests, adding up to USD500,000, that brought total value of work in hand for 2021 revenue to USD6.5 million. Given that we have clear visibility with contracts secured for USD6.8 million of revenue for 2021 so early in the year, together with the momentum we are building in our business, we are looking forward to a successful outcome this year in line with expectations, says Chief Executive & Managing

FTSE 100 slips into the red at the close as Wall Street struggles

The London stock market somewhat mirrored London’s weather today; a pleasant start, followed by heavy showers and then a traditional British tepid finish.

Diploma PLC surges after raising full-year expectations

Follow John on: A look at some of the major movers in London on Monday Diploma PLC (LON:DPLM) saw its shares rise by a tenth to 3,030p after it boasted of a “very strong first-half performance”. The electrical components supplier raised full-year expectations after the six months to the end of March 2021 saw underlying revenue growth of 2% from a year earlier and a rise in the profit before tax to £42.5mln from £41.6mln in the corresponding period 12 months earlier. Having deferred payment of an interim dividend last year because of COVID-19, the company recommended payment of an interim divi of 12.5p this time around.

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